$XMR is bouncing straight into sellers — not finding acceptance.

SHORT $XMR

Entry: 610 – 625

Stop Loss: 640

TP1: 585

TP2: 565

Price pushed higher but ran directly into a familiar supply zone and stalled almost immediately. Every upside attempt is getting sold, follow-through is weak, and price can’t sustain above resistance. The reaction feels controlled, not impulsive.

This bounce reads as corrective after the prior drop, with sellers clearly defending their ground. As long as this area continues to cap price, the structure still favors continuation to the downside rather than any trend shift.

Trade $XMR here 👇

XMRUSDT

Perp

384.65

-1.08%